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OIL AND NATURAL GAS PROPERTIES (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
$ / bbl
Sep. 30, 2018
USD ($)
Dec. 31, 2018
USD ($)
$ / bbl
Oil and natural gas properties          
Proved properties $ 688,328,675   $ 688,328,675   $ 538,290,590
Unevaluated properties 299,613,448   299,613,448   280,304,353
Less: accumulated depreciation, depletion, and impairment (211,242,100)   (211,242,100)   (107,779,453)
Total oil and natural gas properties, net 776,700,023   $ 776,700,023   $ 710,815,490
Useful life     5 years    
Impairment of oil and natural gas properties $ 34,880,071 $ 0 $ 65,828,980 $ 54,753,444  
Crude Oil and Condensate          
Oil and natural gas properties          
Average sales prices | $ / bbl     57.77   65.56
Average sales price change (in percent)     (11.90%)    
Natural Gas          
Oil and natural gas properties          
Average sales prices | $ / bbl     2.87   3.10
Average sales price change (in percent)     (7.40%)